Stephen Downer Correspondent [email protected] +52 (777) 326-3680 See All Staff Page Recent Stories Greenback sets goal for 300 plants to recycle laminated packaging within 20 years Greenback Recycling Technologies Ltd. plans to open 300 plants in the next two decades to handle hard-to-recycle plastic-aluminum laminates, its founder and CEO says. Recycling plant for laminated packaging launches in Mexico Partners in the Enval Ltd. plant aim to process 6,000 metric tons of flexible packaging in the plant's first year of operations. Orbia buys fumaric acid business from Neotrimental Mexican specialty chemicals maker Orbia Advance Corp. SAB de CV has acquired the fumaric acid business of Neotrimental SA de CV, a subsidiary of Grupo IMSA SA of Colombia. Sweden-based Polykemi opens subsidiary in Mexico Swedish compounder Polykemi AB opened a sales subsidiary in Mexico March 1, describing the move as a "natural step in the globalization of the company." Mexico's Grupo Ortiz spending $50M to triple stretch film capacity Giant Mexican processor Grupo Ortiz is investing $50 million in new stretch film technology. Mexican auto supplier shuts down, molding assets set for auction Mexican auto supplier Certus Automotive's manufacturing assets are to be auctioned June 6 via a webcast. Auto supplier Novares opens plant in Mexico Global automotive parts supplier Novares Group has consolidated tube assembly manufacturing in a new $1.75 million plant in Santa Ana, Mexico. Ineos makes $5.54B bid for Chelsea soccer team British multinational chemicals company Ineos Group Ltd. has made a formal £4.25 billion ($5.54 billion) bid for world soccer club champion Chelsea FC. Blow molding machine maker Kautex steps up activity in Latin America German extrusion blow molding equipment maker Kautex Maschinenbau GmbH is stepping up its activities in Latin America but says trade restrictions in the region have been a hindrance. Mexican plastics industry getting ‘back to business' at Plastimagen Plastimagen México 2022 is "the starting point towards the economic reactivation of our industry," one leader says. Ascend expanding into Latin America through acquisition Ascend Performance Materials LLC is expanding its production operations into Latin America for the first time, it said Dec. 8. Rotoplas buys stake in Texas water management firm Mexico-based Rotoplas sold all its manufacturing assets in the U.S. to Tank Holding Corp. in July 2019 to concentrate, it said, on its e-commerce platform north of the border. Mexican legislature endorses recycled-content requirements Mexican legislators have unanimously endorsed a proposed law that will require numerous plastic products to contain 20 percent recycled materials by 2025, and 30 percent by 2030. Alpla's new Mexico facility to double its HDPE recycling capacity in 2022 Austrian packaging giant and recycler Alpla Werke Alwin Lehner GmbH & Co KG opened a 20 million euro ($22.9 million) high density polyethylene recycling plant in central Mexico Nov. 10 and promptly announced it will double the facility's capacity to 66.2 million pounds a year by the second half of 2022. Thermoformer DPI opens $25M plant in Mexico Thermoformed plastics packaging specialist Direct Pack Inc. (DPI) has started operations at a $25 million manufacturing plant in Baja California, Mexico, its fourth such facility in North America and its second in Mexico. Load More